Distinguish between a positive and a negative confirmation and state the circumstances in which each should be

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Distinguish between a positive and a negative confirmation and state the circumstances in which each should be used. Why do CPA firms sometimes use a combination of positive and negative confirmations on the same audit?

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Auditing and Assurance services an integrated approach

ISBN: 978-0132575959

14th Edition

Authors: Alvin a. arens, Randal j. elder, Mark s. Beasley

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Question Posted: Oct 10, 2012 07:48 AM

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Distinguish between a positive and a negative confirmation and state the circumstances in which each should be

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There are two common types of confirmations used for confirming accounts receivable Positive confirmations Negative confirmations A positive confirmat...View the full answer

Auditing and Assurance services an integrated approach

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